Area Intelligence

TAMAN GEMILANG INDAH

1 properties
2023
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Median Price
RM 675,000
PSF: RM 536

Residential Market

Median Price

RM 675,000

IQR: RM 6
MAD: RM 6
RM 536 PSF 2.2%

PSF Trends (2021-2025)

TAMAN GEMILANG INDAH in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2023, with a median price of RM 675K and a median price per square foot (PSF) of RM 536.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 536, with most transactions between RM 536 and RM 536. The usual range is RM 533.00 to RM 539.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 6.00 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN GEMILANG INDAH, Seberang Perai Tengah, Penang

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Transactions

1 properties grouped by size

1,250 sqft
1 units Double Storey Terraced
RM 675,000
LORONG GEMILANG INDAH 4
1,259 sqft · RM 536.00 PSF
Dec 2023